11
Apr
Darkow, Columbia Daily Tribune, 2007
Visual Catalogue of the USA Foreclosure Crisis
Fine Folk
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11
Apr
Darkow, Columbia Daily Tribune, 2007
07
Apr
For my documentary I watched Michael Moore’s Capitalism: A Love Story. The part on foreclosure (in which I found and attached a clip) is about a family with the help of their community that fight losing their home. For once, you see a depiction of foreclosure that is up-lifting and optimistic.
I found this chart to be the most intriguing when displaying foreclosure in America. The problem is so vast and the intensity of the color reenforces what a pressing matter it is. It makes you want to look up your own county and see what situation it is in…
A great article informs of you of foreclosure facts, a few being: 1. “By the time you read this, there will have been approximately 8,500 foreclosure actions in this country - more than one thousand every hourduring the working day.” 2. “By the time you read this, homes in the United States will have lost more than $13 million dollars in value. During a 24-hour day, this figure comes out to more than $500,000 an hour.” 3. “By the time you read this, homeowners will have paid $750 million in mortgage payments for non-existent housing value- that is, the amount on their mortgages that disappeared when the bubble burst - according to our estimate.” 4. “By the time you read this, the nation’s bankers will have earned nearly $400 million, of which $56 million will be bonus money.”
5. “The amount of wealth American homeowners have lost over the least three years is much larger than this year’s entire Federal budget.”
Photo by: John Moore, Getty, December 11, 2009
Caption: In this instance, Boulder resident Harvey Lesser – an unemployed software developer with chronic health problems related to obesity — was woken up on Friday by Sheriff deputies with a court order to evict him. Having burned through his savings, Harvey had stopped paying rent.
This photo depicts a perfect example of the diminishment of human dignity. How appalling it is to see an old retired man being kicked out of his home. With disheveled hair and a walker in front of him no less. He looks so distraught that any viewer would sympathize with him. A situation like this has completely emasculated him and its clear to see through his distraught pose that that is how he feels.
This YouTube clip gives a great explanation about the process of foreclosure. They stress it’s important to know about foreclosure if you ever want to prevent foreclosure of your own home.
Photo by: Anthony Suau, TIME, 2009
Caption: When Detective Cole finds a home that is already abandoned or vacant, he enters with his weapon drawn, to guard against squatters.
This is what I would deem an iconic photo to depict my topic, foreclosure. In fact, this photo was awarded the Photo of the Year by The World Press Photo. The scene has everything a viewer would want in a striking photograph: an emphasis, a contrast, a clear focal point, an air of mystery and curiosity, and an emotional response (in this case, a dreary one). Viewers would ask numerous questions to themselves about this photo, hence the curiosity: What is the story behind this photo? Is he in danger? Then you see the caption about foreclosure and the sight of the house becomes quite disheartening. That could be your house.
Fox Toledo News in 2010 report a story on an Ohio man who barricades himself in his house when he got the eviction notice from the bank. With him, is the Toledo Foreclosure Defense League to help protest his foreclosure, if and when the police come to drag him out.
06
Apr
Photo of a work done by notorious street artist Banksy, entitled ‘Crayon House Foreclosure’.
